Science, asked by janvi9258, 4 months ago

which of struggle restricts certain borrowers to get a loan from the bank state with example

Answers

Answered by piyush2569
0

Answer:

The most common reasons banks deny personal loan applications include:

Denial Due to Credit Score. Banks often deny loan applicants due to an applicant's poor or even slightly-below-average credit score. ...

Insufficient Income. ...

An Abundance of Debt. ...

Poor Documentation.

Answered by picbite
0

Answer:

Taking credit involves an interest rate on the loan and if this is not paid back, then ... Explain with an example of your own. ... the reasons why the banks might not be willing to lend to certain borrowers

Explanation:

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